Gladius Capital Management provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. The firm advises 4 private funds.
Gladius Capital Management reports 8 clients. They include 6 pooled investment vehicles, 1 investment company and 1 pension or profit-sharing plan. Of its assets, 100.0% ($2.88B across 8 accounts) are managed with discretion. Of its clients, 38% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Investment companies | 13% | <1% |
| Pooled investment vehicles | 75% | 100% |
| Pension and profit-sharing plans | 13% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 1 | $1.01M | 0.0% | $1.01M |
| Pooled investment vehicles | 6 | $2.87B | 99.6% | $479M |
| Pension and profit-sharing plans | Fewer than 5 | $9.37M | 0.3% | $9.37M |
| Total | 8 | $2.88B | 100% | — |
- Clients
- 1
- Regulatory AUM
- $1.01M
- AUM share
- 0.0%
- Avg. per client
- $1.01M
- Clients
- 6
- Regulatory AUM
- $2.87B
- AUM share
- 99.6%
- Avg. per client
- $479M
- Clients
- Fewer than 5
- Regulatory AUM
- $9.37M
- AUM share
- 0.3%
- Avg. per client
- $9.37M
Total
- Clients
- 8
- Regulatory AUM
- $2.88B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 38%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 4
Gladius Capital Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.
Pavandeep Sethi owns 75% or more of Gladius Capital Management. Pavandeep Sethi is CEO; the leadership team includes Chief Operating Officer Eric Magac. It has 14 employees, 6 of them in advisory roles.
Leadership
- Pavandeep SethiChief Executive Officer/Chief Investment Officer & Limited Partner
- Eric MagacChief Operating Officer / Chief Compliance Officer
- Reagan AmmannChief Risk Officer & Limited Partner
Staff
- 14 employees
- 6 in advisory functions
- Owns 75% or more of Gladius Capital Management LP
Pavandeep Sethi
Control person · since September 2008
Gladius Capital Management’s regulatory assets grew from $2.71B (March 2021) to $2.88B (March 2026); clients rose from 7 to 8 and employees fell from 18 to 14.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $2.88B | 8 | 14 | 2 |
| March 2025 | $3.06B | 10 | 13 | 2 |
| March 2024 | $3.1B | 10 | 14 | 3 |
| March 2023 | $2.77B | 11 | 16 | 3 |
| April 2022 | $2.78B | 11 | 17 | 3 |
| March 2021 | $2.71B | 7 | 18 | 3 |
Besides its headquarters, Gladius Capital Management has 1 office, with 2 listed addresses in Illinois and Utah.
Illinois · 1 listed address
- 815 W. Van Buren, Chicago
Utah · 1 listed address
- 1835 Three Kings Drive, #50, Park CityHQ
Contact and registration details
- Legal name
- Gladius Capital Management LP
- Headquarters
- 1835 Three Kings Drive, #50, Park City, UT 84060
- Website
- gladiusgroup.com
- Phone
- 312-348-5900
- @gladius-capital-management-lp
- SEC file
- 801-70841
- Structure
- Delaware limited partnership
- Fiscal year end
- December
Gladius Capital Management uses Lloyds Bank PLC ($3.52M, 39%), J.P. Morgan ($3.51M, 39%) and HSBC Bank USA, N.A. ($2.01M, 22%) as custodians for its separately managed accounts. Gladius Capital Management has custody of $2.72B in client assets for 3 clients.
- HSBC Bank USA, N.A.HSBC Bank USA, N.A. · New York, NY · $2.01M22%
- Lloyds Bank PLCLloyds Bank PLC · London · $3.52M39%
- J.P. MorganJPMorgan Chase & Co. · New York, NY · $3.51M39%
At year end, Gladius Capital Management’s separately managed accounts were mostly in cash (74%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.65B across 29 positions; the largest are State Str SPDR S&P 500 ETF T (14.9%), State Str SPDR S&P 500 ETF T (call option) (13.6%) and Caterpillar Inc. (call option) (7.2%).
What the accounts hold
- Cash74%
- Other26%
- Derivatives26%
Reported 13F holdings
- $1.65B
- Reported 13F value
- 29
- Positions
- 77.4%
- In the 10 largest
- −26.4%
- Value vs. prior quarter
- State Str SPDR S&P 500 ETF T · TR Unit14.9%
- State Str SPDR S&P 500 ETF T · CallCall13.6%
- Caterpillar Inc. · CallCall7.2%
- Eli Lilly & CO · CallCall6.7%
- Advanced Micro Devices Inc. · CallCall6.6%
- Procter & Gamble CO · CallCall6.4%
- Applied Matls Inc. · CallCall5.9%
- Broadcom Inc. · CallCall5.5%
- Intel Corp. · CallCall5.4%
- Tesla Inc. · CallCall5.2%
Together, the ten largest are 77.4% of reported value.
How many clients does Gladius Capital Management have?
Gladius Capital Management has 8 clients and manages $2.88 billion for them, as of March 2026. They include 6 pooled investment vehicles, 1 investment company and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Gladius Capital Management offer?
Gladius Capital Management provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Gladius Capital Management use?
Gladius Capital Management’s separately managed account assets are held at Lloyds Bank PLC (London), with $3.52M, JPMorgan Chase & Co. (New York, NY), with $3.51M and HSBC Bank USA, N.A. (New York, NY), with $2.01M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Gladius Capital Management have?
Gladius Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 14 employees, and 6 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Gladius Capital Management invest in?
At the end of its last fiscal year, Gladius Capital Management’s separately managed accounts held 74% cash and equivalents and 26% derivatives. It advises 4 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Gladius Capital Management?
Gladius Capital Management’s direct owner is Pavandeep Sethi (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Gladius Capital Management get paid?
Gladius Capital Management is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Gladius Capital Management?
Gladius Capital Management’s main office is at 1835 Three Kings Drive, #50, Park City, UT 84060. Its phone number is 312-348-5900. Its website is gladiusgroup.com.